News

Aerial & Maritime and IATAS enter into strategic partnership to deliver industry-first ATM solutions with integrated surveillance data on an OPEX model.
To meet increasing marked interest for OPEX-based business models, the provider of space-based ADS-B data, Aerial & Maritime, is entering into a non-exclusive strategic partnership agreement with IATAS to offer ATM solutions with integrated space-based ADS-B data as a service. This cooperation will fully demonstrate the concept of cost-effective ADS-B data from nano-satellite technology in combination with tailored and scalable ATM solutions, available on a per-operation model.
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Following positive market response, Aerial & Maritime Ltd. (“A&M”) intends to build a global nanosatellite constellation capable of providing air traffic management and ship tracking services by 2021. Importantly, the system will help the airline industry to be fully compliant with ICAO standards, providing real-time surveillance of all aircraft globally. The Company estimates a market potential of $1bn from multiple customer segments including air navigation service providers, airlines, data aggregators, ship owners among others.
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Aerial & Maritime Ltd (”A&M”) has secured an investment of 5,0 million USD from a group of investors to scale up the nanosatellite network from 4 to 8 satellites offering near real-time ADS-B and AIS data for airline and ship tracking in the equatorial region. The company has now secured a total funding of 12,2 million USD.
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Aerial & Maritime today signed a significant deal with Spanish AISTECH Srl regarding the exchange of data that gives both companies a virtually global tracking possibility of airplanes and ships.
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December 21, 2016 – GomSpace ApS (”GomSpace”) and Aerial & Maritime Ltd (”A&M”) both subsidiaries of GS Sweden AB (the ”Company”) have entered into a turn-key delivery contract, whereas GomSpace will design, deliver, launch and commission a constellation of satellites into a low-inclination Equatorial orbit. The delivery of the satellites and launch will take place in 2018. The contract has a value of approximately USD 6.0 million.
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December 20, 2016 - Aerial & Maritime Ltd (”A&M”) a subsidiary of GS Sweden AB (”GomSpace” or the ”Company”) has entered a business cooperation agreement with the Swedish company Flightradar24 AB (”FR24”). A&M and FR24 intend to jointly identify new business opportunities and secure new customers and partnerships within a joint flight data service.
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